Abstract
This research work titled the problems
associated with loan recovery in Nigerian commercial banks. The researcher
examined the various problems associated loan recovery among Nigerian
commercial banks. Evaluated the effect of loan on the development of Nigerian
commercial banks. Evaluated the various debt recovery techniques used by
Nigerian commercial banks. The researcher also Examined the effects of bad debt
on the development of Nigerian banking sector. Data for the study was sourced from
two main sources which include Primary and Secondary sources of data
Collection. Primary data: questionnaires and oral interviews were used to
collect information from the respondents. Secondary data: journals, and other
relevant materials relating to the area of my investigation will be review.
Extensive literature review was carried out on the direct literature and
indirect literature on books, journals and past works. The research instrument
used in this study includes oral interview and questionnaire. The questionnaire
is structural as to contain both close and open ended question. Simple tables
and percentages were used in treatment of data. The study shows that Lending is
the most intricate of services offered by banks and incidentally the most valued
by customer lending may take from such as, formal loan, over draft. In a case
like overdraft banker is lending for a short period and is dealing with a
customer who is will known. This, the transaction here is formal. The
researcher recommends that Bank should also be made to compulsorily design
their lending ratio structure more in favour of thee manufacturing sector to
enhance manufactures sourcing of funds failure to comply with this directives
should attract a penalty as deemed appropriate fit by the central bank of
Nigeria (CBN). Banks customer relationship in Nigeria should be high improved
to restore the customer’s confidence in the banking system to enable banks have
more, in some cases it is universe for a banker to disclosed his customers financial
ground without giving him enough notice concerning it (secrecy) but when it is
required by law or by the compulsion of the public that is when a banker can
disclose loss customer secretes to third parties without notice.
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